Go Tec Consultancy Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 05963582 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2015

FOR

GO TEC CONSULTANCY LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

Mr R J Stanton-Gleaves

SECRETARY:

Mrs V Billingsley

REGISTERED OFFICE:

Unit 6

20/20 Business Park

Liphook Way

Maidstone

Kent

ME16 0FZ

REGISTERED NUMBER:

05963582 (England and Wales)

ACCOUNTANTS:

Raffingers

Chartered Certified Accountants

19-20 Bourne Court

Southend Road

Woodford Green

Essex

IG8 8HD

FIXED ASSETS

Tangible assets

2

11,657

12,169

CURRENT ASSETS

Debtors

1,114,924

820,057

Cash at bank

45,292

52,124

1,160,216

872,181

CREDITORS

Amounts falling due within one year

820,030

560,267

NET CURRENT ASSETS

340,186

311,914

TOTAL ASSETS LESS CURRENT
LIABILITIES

351,843

324,083

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

351,743

323,983

SHAREHOLDERS' FUNDS

351,843

324,083

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2015 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of
each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections
394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial
statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 20 June 2016 and were signed by:

Mr R J Stanton-Gleaves - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective January 2015).

Turnover

Turnover represents net invoiced sales of services, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

33% on cost

Fixtures and fittings

-

33% on cost

Computer equipment

-

33% on cost

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to the profit and loss account in the period to which they relate.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2015

29,480

Additions

9,276

Disposals

(3,626

)

At 31 December 2015

35,130

DEPRECIATION

At 1 January 2015

17,311

Charge for year

9,788

Eliminated on disposal

(3,626

)

At 31 December 2015

23,473

NET BOOK VALUE

At 31 December 2015

11,657

At 31 December 2014

12,169

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

100

Ordinary

£1

100

During the current year Mr G D Orr has transferred 50 ordinary shares of £1 each to R Stanton-Gleaves Ltd at a

premium of £15,599 per share.